• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

      Customs Gets 4 New Deputy Comptrollers-General, 12 ACGs, Promotes 3,312 Officers

      DG NITDA Inuwa Kashifu at the GITEX Nigeria

      Sanwo-Olu, Tijani, Kashifu Urge Digital Innovation as GITEX Nigeria Opens

  • National
    • ARASE! I Will Forever Cherish your Kindness and Love -Good Night…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

      Army Neutralize Notorious Bandit Leader, Others, Rescue Victims, Recover Weapons in…

      The road accident scene

      Nigeria’s Deadly Roads and the Menace of Trailer Accidents, By…

      Military troops

      Army Neutralise Scores of Bandits as 8 Security Guards Killed in…

    • Government
      • ​DSS Demands Retraction, Apology from Sowore Over Comments on Tinubu

        JUST IN: NNPP Expels Reps Member Abdulmumin Jibrin Days After Visiting…

        Ganduje: A Lifetime of Service Beyond Politics By Garba Yusuf Abubakar

        Eid El-Maulid: Kwara Gov Urges Muslims To Embrace Unity, Shun Partisanship

        Officers of NSCDC Mining Marshals

        Nigeria’s War on Illegal Mining Needs the Media on the Frontlines…

  • Security
    • ​DSS Demands Retraction, Apology from Sowore Over Comments on Tinubu

      A Group of Terrorists/Bandits

      Borno Village Attack Leaves Dozens Dead, UN Condemns Violence

      NDLEA Logo

      NDLEA Busts Drug Cartel, Arrests Kingpins, Seizes N6.4bn Worth of Narcotics

      ARASE! I Will Forever Cherish your Kindness and Love -Good Night…

      Army Neutralize Notorious Bandit Leader, Others, Rescue Victims, Recover Weapons in…

  • Features
    • ARASE! I Will Forever Cherish your Kindness and Love -Good Night…

      The road accident scene

      Nigeria’s Deadly Roads and the Menace of Trailer Accidents, By…

      Ganduje: A Lifetime of Service Beyond Politics By Garba Yusuf Abubakar

      ACP Olumuyiwa Adejobi

      DCP Olumuyiwa Adejobi: The Spokesperson Who Redefined Police Communication

      (L-R) Yahaya Bello and Usman Ododo of APC Kogi

      RECOMMENDED: Godfatherism the Ododo-Bello Way!! By Nafisat Bello

  • State
    • A Group of Terrorists/Bandits

      Borno Village Attack Leaves Dozens Dead, UN Condemns Violence

      NDLEA Logo

      NDLEA Busts Drug Cartel, Arrests Kingpins, Seizes N6.4bn Worth of Narcotics

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Military troops

      Army Neutralise Scores of Bandits as 8 Security Guards Killed in…

      Troops Neutralise Gunrunner, Armed Militia, Recover Weapons in Plateau

  • Event
    • PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

      BUKAA Announces 2025 AGM at BUK New Campus: Join In-Person or…

      Vice President Kashim Shettima and President Bola Ahmed Tinubu

      Shettima at 59: Tinubu Hails VP’s Loyalty, Commitment to Service

      Erasmus Ikhide damaged Vehicle and Dangote Cement Truck

      Erasmus Ikhide Narrowly Escapes Death in Collision with Dangote Truck

    • PR Nigeria Award
  • E-Paper
Home General Niger Flags off N2bn Loan Distributions to SMEs
  • General

Niger Flags off N2bn Loan Distributions to SMEs

By
Jibrin Baba Ndace
-
March 20, 2018
Niger Gov Abubakar Sani-Bello
Niger Gov Abubakar Sani-Bello

Niger Flags off  N2bn Loan Distributions to SMEs 

Niger state Governor, Alhaji Abubakar Sani-Bello  on Monday flagged off the disbursement of a N2 billion Micro, Small and Medium Enterprises Development Fund in the state.

The scheme, a joint effort with the Central Bank of Nigeria  (CBN) was designed to boost the economy of the state and to provide job opportunities for its teeming youths.

Flagging off the disbursement of the first tranch of N1 billion of scheme in Minna, the governor said the loans is aimed at uplifting the people at lowest run of the society, which in turn will contribute immensely to boosting the Internally Generated Revenue of the state.

“It is our resolve to continue to support Small and Medium Enterprises as an avenue to stimulate economic growth create jobs and ensure that our youthful population is gainfully engaged.

“Our desire to focus on the SMEs is to help in the absorption of productive resources at all levels of the economy and contribute to the building of flexible economic system in which artisans all over the state are empowered to contribute to the economy of the state.

“This is to further demonstrate our commitment to providing all necessary avenues for the overall upliftment of the people.

Read Also:

  • ​DSS Demands Retraction, Apology from Sowore Over Comments on Tinubu
  • Borno Village Attack Leaves Dozens Dead, UN Condemns Violence
  • NDLEA Busts Drug Cartel, Arrests Kingpins, Seizes N6.4bn Worth of Narcotics

“This first tranch of disbursement of loans to  Micro, Small and Medium Enterprises  is part of CBN’s Development Fund aimed at creating financial inclusion,  wealth and empowerment of our youths.”

According to him, “we have keyed into this initiative as part of our restoration agenda to empower our youthful population so that they become engaged in useful ventures that can guarantee self-reliance and even creators of job.”

He commended the efforys of state’s Small and Medium Enteeprise Agency that led to the emergence of the firsrt set of beneficiaries and called on the beneficiaries to make judious use of the loan.

Earlier, the Commissioner for Investment, Commerce and Industry, Alh. Muhammad Mudi said the MSMEs loan is aimed at developing the Nigerian economy through social and political role in local employment creation, balance resources utilization, income generation, utilization of local technology and raw materials and helping to promote change in a gradual and peaceful manner , adding that it is a soft loan and beneficiaries are expected to repay at ease through a simplified payment guide within the recovery period.

Also speaking at the event, the Director General, SME, and MF Agency, Alh. Faruk Umar Audi disclosed that the total number of beneficiaries across the 25 Local Government Areas are 11,587 with 6,643 (60%) of the total number as women while 5,244 are men adding that “this will create more jobs for the people.

Jibrin Baba Ndace
Chief Press Secretary

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Abubakar Sani Bello
  • CBN
  • N2bn Loan
  • Niger
  • SMEs
Previous articleTroops Capture Gunrunner in Southern Kaduna
Next articleDecongestion Panel frees 139 Prisons Inmates in Katsina
Jibrin Baba Ndace
Jibrin Baba Ndace

RELATED ARTICLESMORE FROM AUTHOR

Military Plants Trees, Donates Relief Items to Orphans in Plateau

Eid El-Maulid: Kwara Gov Urges Muslims To Embrace Unity, Shun Partisanship

Crisis Communication

Building Resilience: Crisis Communication in Modern Organizations By Princewell N. Achor

Mohammed Idris

Minister: Tinubu’s Reforms Driven by National Interest, Not Partisanship

Nigerian Police Force

Police Arrest Kidnappers, Recover Arms, N6.9m in A’Ibom, Nasarawa

CP Jimoh Moshood

Lagos Police Bust Car Theft Syndicate, Recover Stolen Bus

Police Officer

FCT Police Arrest 10 Suspected Drug Dealers, Recover Drugs, Kidnapping Proceeds

Officers of NSCDC Mining Marshals

Alake Orders Mining Marshals to Seal Illegal Gold Mining Site in Gwagwalada

Kaduna Peace Model Restores Farmlands, Reopens Markets Amid Security Gains-Maiyaki

AUDA-NEPAD Rallies Africa’s Capital Markets to Close $90bn Infrastructure Gap

The authors and their books

PHOTOS: NIPR Hails Latest PRNigeria Books at Economic Confidential Lecture

court Judiciary

Law Firm Challenges EFCC Statement Over Bauchi High Court Ruling

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • ​DSS Demands Retraction, Apology from Sowore Over Comments on Tinubu
  • Borno Village Attack Leaves Dozens Dead, UN Condemns Violence
  • NDLEA Busts Drug Cartel, Arrests Kingpins, Seizes N6.4bn Worth of Narcotics
  • ARASE! I Will Forever Cherish your Kindness and Love -Good Night Boss
  • Military Plants Trees, Donates Relief Items to Orphans in Plateau
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
​DSS Demands Retraction, Apology from Sowore Over Comments on TinubuBorno Village Attack Leaves Dozens Dead, UN Condemns ViolenceNDLEA Busts Drug Cartel, Arrests Kingpins, Seizes N6.4bn Worth of NarcoticsARASE! I Will Forever Cherish your Kindness and Love -Good Night BossMilitary Plants Trees, Donates Relief Items to Orphans in PlateauPHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates, Drive University DevelopmentAgain, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates 70th Anniversary in AfricaArmy Neutralize Notorious Bandit Leader, Others, Rescue Victims, Recover Weapons in KogiNigeria’s Deadly Roads and the Menace of Trailer Accidents, By Mukhtar Ya'u MadobiArmy Neutralise Scores of Bandits as 8 Security Guards Killed in KatsinaTroops Neutralise Gunrunner, Armed Militia, Recover Weapons in PlateauTroops Neutralise Militia After Failed Attempt to Disarm Soldier in PlateauNAF, Ground Troops Neutralise 30 Terrorists in Joint Operation at Dar JamelJUST IN: NNPP Expels Reps Member Abdulmumin Jibrin Days After Visiting TinubuKano Police Arrest 9 for Setting Patrol Van Ablaze, Probe Murder Case
X whatsapp